524 Pineland RdHendersonvilleNC28792
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hendersonville at 524 Pineland Rd, Hendersonville, NC, 28792 listed at $609,000 pairs $3,900/mo rent with a $2,981/mo payment to leave $188/mo cash flow. Total monthly income runs $3,900/mo, and annual cash flow reaches $2,258/yr on $200,361 cash to close. Return on cash invested measures 21.19% in year one, and rental yield registers 7.68% at a $609,000 basis. Equity gained on principal adds $3,930/yr, and annual property appreciation at 5% supports $168,255 by year five. Five-year ROI tracks 109.55% and total cumulative return in cash totals $219,497. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,900/mo property income relative to a $2,981/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28792, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,631 (100%) |
| Owner Occupied HU | 10,436 (56.0%) |
| Renter Occupied HU | 5,775 (31.0%) |
| Vacant Housing Units | 2,420 (13.0%) |
| Median Home Value | $330,632 |
| Average Home Value | $370,895 |
Housing Distribution
Address Breakdown
Residential
16,922
Single Family
15,291
Multi-Family
1,631
Businesses
1,395
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Listed by: Rita George • R&B Legacy Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4336079